Perhaps it’s me, it seems like the coins I like to collect, standing liberty quarters and capped bust halves, are going up dramatically recently, well above PCGS retail prices. I see this trend particularly after the ANA show. I have been blown away with recent markup. Coins with premium appearance will demand more for sure, but this might be getting out of control.
I have been watching the prices of bust half dollars for a few years. The prices of AU coins with nice toning just keep going up. Even the lower grade problem coins are selling for prices above what I thought they were worth. I'm not sure but this may be true for all silver bust coins. At the last January FUN Show, many of the coins I went to take a second look at had already sold.
That's why I am wondering if I am going to be kicking myself for not grabbing that Gold CAC 1922 Saint I saw the other night. Trying to keep my powder dry for FUN 2027 but you never know what coins will or won't be there next January.
Better example Coin prices are definitely going up, in particular in the last 12 months, and certainly on GreatCollections. Even for taking into account any holder premium, CAC sticker premium, toning premium, and adding 10% more above the high retain prices guides, I still get smoked on 90% of coins I bid on. UP UP UP! I would say the same coin now commands a higher price on GC than eBay, which is a flip-flop from years ago.
True. In the past I would take notes on coins I really liked, go back to the hotel, make a nice drink and research my list. That did not work well for me back in January. I don't really want to take my laptop to the show with me. I'm not smart enough to use my phone for research but I guess it's time to learn.
Gold CAC + OGH 3.1 led to a 28% premium over bullion value for coins that were pretty much bullion coins. If you want to be conservative, figure the "normal" bullion coin would sell at 4% over melt in MS-64 or lower grade....so an extra mid-20's percentage was tacked on because of the CAC and holder.
